Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,435 trillion. Bitcoin is down by almost 9% after a horrible week. Ethereum dropped by almost 7% over the past seven days. XRP dropped by almost 15% to trade again below $1. Almost all altcoins have traded in the red for most of the week. The DeFi sector lost nearly $1 billion in Total…
Tag: Illegal Crypto Transactions
Terrorist Financing Accrues Only 0.05% of All Illicit Crypto Transactions, Coinbase States
According to crypto exchange Coinbase, terrorist financing crypto transactions accounted for less than 1% of all activity in the crypto space last year. The world is keen on terrorist financing, especially through cryptocurrencies, as the Taliban group took over Afghanistan. Moreover, many believe the Taliban may consider crypto as a way to finance its operations. It could be due to the decentralization of cryptocurrencies that might pose a safe spot to conduct terrorist financing. Nevertheless, all illegal transactions carried in…
2 months ago
